The Galaxy International Convention Center (GICC) included in Phase 3 & 4 expansion of Galaxy Entertainment Group’s Cotai property set open in the first half of 2021 has already opened for event quotations, the gaming operator shows in its website.
The new space will include the 500,000 square feet 16,000-seat multi-purpose Galaxy Arena, and will be directly connected to the future Hyatt Hotel Corporation 700 rooms Andaz Hotel.
The expansion project of Galaxy Macau includes approximately 4,000 hotel rooms and villas, including family and premium high-end rooms, plus F&B, retail and casinos.
The Galaxy Macau website has now opened a GICC page were proposals for quotations for events in the space can be submitted.
‘With its breathtaking design, advanced technology, and flexible event space catering to multiple configurations and set-ups, the stunning Galaxy International Convention Center will redefine meetings, conferences, banqueting, live entertainment and sporting events in Asia,’ the company indicates in its website.
‘GICC will be Macau’s premier MICE destination and one of the world’s most inspiring event venues to bring guests together for fun, knowledge, creativity and community’.
According to the centre’s brochure, the GICC will include 10,000 square meters of pillar-less space that can accommodate up to 7,000 delegates, banquet event area that can hold corporate banquets up to 2,400, a grand ballroom for 1,000 guests, and a 650-seat auditorium.
The center’s aren’t will also include a centre stage, end-stage or boxing ring set-ups, with the group boasting it can hold ‘elaborate world tour concerts’ or a ‘dramatic fight night’.
In November of last year, GEG appointed Joey Pather – a former chief executive of Guangdong Tanzhou International Convention and Exhibition Centre in Foshan – as the group’s senior vice president of MICE sector.
Galaxy’s Phase 3 and 4 expansions are estimated to cost about HK$50 billion (US$5.4 billion), with the group also having a HK$1.5 billion revamp on-going for of Galaxy Hotel, Hotel Okura Macau, Banyan Tree Macau, the next-door Broadway Macau and the StarWorld Hotel on the Macau peninsula.
Phase 3 works have been affected by the restrictions imposed due to the Covid-19 pandemic and by a suspension ordered by the Labour Affairs Bureau after the death of three workers in March, however, the current opening timeline remains for the first three months of next year.
Last August, GEG’s management said the company has completed the majority of the piling work for Phase 4, which is now targeted for opening in 2022.
The gaming operator recently reported a 93 per cent year-on-year decrease in Adjusted EBITDA to some HK$283 million in the first quarter of this year, with revenue dropping by 61 per cent, however, analysts pointed to the group’s balance sheet and project pipeline as factors putting the company in a good position for a post-Covid-19 recovery.